California
“Biblical” Mega-Storm Could Cause Dam Failure, $725B in Damage
Scientists are warning that California is due for rain of “biblical” proportions. Known as an ARkStorm, the mega-storm could cause… Read more
Realty Income to Grow NNN Portfolio by $1.5B+
Realty Income Corp. will continue to add to its triple net portfolio this year, investing between $1.5 billion and $2… Read more
Oaktree Capital Partners Teams with Pruneyard Towers Owner for Upgrade & Expansion
The three-building office complex in Campbell known as The Pruneyard has a new majority owner that’s bringing an infusion of… Read more
Construction Begins on 70K-SF Creative Office Campus in Irvine
Irvine Ranch Water District has broken ground on a 69,968-square-foot creative office community in Irvine, CA. Dubbed The Source H²O,… Read more
EJF Will Invest in Oakland Moxy Project Through Opportunity Zone Fund
EJF Capital LLC joined Tidewater Capital and Graves Hospitality to develop Marriott International’s new Moxy hotel in the Uptown neighborhood… Read more
Vantage Data Centers Wraps Up First Phase of Ashburn Mega-Campus
Vantage Data Centers has completed phase one of its Ashburn mega-campus in Northern Virginia’s “Data Center Alley.” The 42-acre campus… Read more
Virgin Hotels Opens First Property in San Francisco
Virgin Hotels San Francisco is officially open. Located at 250 Fourth Street in SoMa, the property is just steps from… Read more
Oroville Hospital Receives $200M Bond Financing
Oroville Hospital has received $200 million in bond financing for its five-story tower expansion project. The facility, which is located… Read more
UCI Applied Innovation Expands into 84K SF at The Cove
UCI Applied Innovation, along with University Lab Partners, is expanding into roughly 84,000 square feet at UCI Research Park. Broadcom… Read more
29th Street Capital Enters SoCal with $57M Apartment Buy
29th Street Capital (29SC) has made its first acquisition in Southern California, paying $57.1 million for The Dylan, a 208-unit… Read more
Federal Railroad Admin Tells CA: Return $3.5B for Failed Bullet Train
After California Gov. Gavin Newsom announced the state was rethinking the state’s high-speed rail project from San Francisco to Los… Read more
Apartment Sales Volume Scales New Annual Peak
Industrial may be the belle of the investment ball, but multifamily hit a new peak in 2018, according to NKF.… Read more
CyrusOne Expands Santa Clara Data Center Campus
CyrusOne’s data center campus in Santa Clara is expanding. The REIT purchased eight acres adjacent to land that is currently… Read more
AECOM-Canyon Partners JV to Provide Equity for $4B in Development Projects
AECOM Capital and Canyon Partners LLC have launched a joint venture focused on investing in large-scale, institutional-quality real estate development… Read more
Soboba’s New 200-Room Casino Resort Welcomes Guests & Gamblers
The new Soboba Casino Resort opens today—a huge transformation from the previous casino that operated in a tent structure for… Read more
Kaiser Permanente Med School Receives Prelim Accreditation, Plans 2020 Opening
The Kaiser Permanente School of Medicine, located in Pasadena, CA, has received preliminary accreditation from the Liaison Committee on Medical… Read more
Alere Property Group Buys North Orange Industrial Park for $22M
Alere Property Group nabbed North Orange Industrial Park in an off-market transaction, paying roughly $22 million for the 138,970-square foot… Read more
Hotel del Coronado Kicks Off $200M Upgrade
The historic Hotel del Coronado, known for its red-roofed turret, chandelier-bedecked Victorian lobby, and ties to Hollywood nobility, will undergo… Read more
First Internet Exchange Launched at 100 Taylor Street
H5 Data Centers partnered with Archeo Futurus to launch the first internet exchange at 100 Taylor Street in San Antonio.… Read more